Dogecoin’s (DOGE) dramatic surge up the market capitalization rankings coincided with the reawakening of DOGE whales as the blockchain’s metrics surged to new heights in the past 24 hours.
Over $12 billion worth of DOGE was transferred across the blockchain in the past day, according to data from BitInfoCharts. To put that number into context, the Ethereum blockchain processed just $6 billion worth of Ether (ETH) on the same day.